News & Views

Do auctioneers perceive themselves as ethical?

4 December 2018

We have taught classes on auctioneers and ethics for over 10 years. During those classes, we ask the question if the public perceives auctioneers as ethical.

The data we share in our classes suggests the general public probably thinks auctioneers are on the whole … less than ethical. Very similar occupations to auctioneers rank about 17% on the USA TodayGallup OrganizationCNN“Honesty and Ethical” annual poll.

Charity art sale on Instagram

30 November 2018

Present Day is the first charity sale hosted by Singaporean gallery, Chan + Hori Contemporary. The sale will feature postcard-sized artworks by all artists the gallery has worked with in 2018.

Bid calling and the mailbox rule

27 November 2018

In a series of recent simulcast auctions, I served as one of two auctioneers (bid callers) with over 600 online bidders and as many as 150 live bidders participating. It was indeed a pleasure working with Mark Younger and his staff helping our client sell over 3,300 lots.

Auctioneers and nose congestion

26 November 2018

Many auctioneers often need assistance with keeping their noses clear of mucus, pain, dryness, congestion … and there are solutions. Basically saline nose sprays and drops can be used to humidify the nose cavity and decongestant nasal sprays and drops can be used to shrink blood vessels inside the nose.

Crazy auction terms and conditions?

21 November 2018

I suppose I’m possibly a connoisseur of less-than-common (unusual, odd, possibly even crazy) auction terms and conditions. Of note, I saw the following words of art somewhere and grabbed it to talk about here.

"Auction/auctioneer has the right to terminate any contract between auction/auctioneer and consignor/seller for any reason, up to and including the actual sale and during the auction sale event as well for any reason. The auction/auctioneer can also refuse bids from any individual upon his sole discretion"

Cold weather bid calling

21 November 2018

For many auctioneers this time of year, there are opportunities to bid call in cold weather (cold air.) Are there precautions for improving bid calling — specifically vocal cord health and warmth?

Indeed there are such considerations. Here’s a summary:

Auctions and contract symmetry

12 November 2018

It was bound to happen I suppose. We receive a call from an attorney about once a week and a few weeks ago, this particular inquiry was no surprise — other than it took this long.

We have argued for years that auction contracts (listing contracts, consignment contracts, terms and conditions, bid calling contracts) need (or should) be equitable, fair, reasonable. Likewise, contracts that are highly unfair, unreasonable, inequitable are possibly unenforceable and worse yet bad for our industry.

Auctioneers and the first right of refusal

9 November 2018

First right of refusal or “Right of first refusal” clauses are sometimes used in the auction business — and especially in the benefit auction business.

Most often, as auctioneers conduct periodic events (every month, every year) they might extend a first right of refusal to an entity where if someone else wants to hire this auctioneer for that same date the subsequent month or year, this entity can keep that date if the contract is firmed — or not — allowing the auctioneer to book other business that same day.

Gallery Weekend KL 2018

2 November 2018

The inaugural Gallery Weekend art fair returns for its 2018 edition this Nov 29 to Dec 2.

A press release cites the fair as a "dynamic celebration of aesthetic and cultural diversity across Malaysia's capital city."

GWKL 2018 will feature a multitude of exhibitions, special events, gourmet, as well as the Luminary Programme.

 

The programme will include panel discssions by international culture influencers and experts such as:

Auction theft or an auction unpaid?

31 October 2018

“His check bounced …! What can or should I as an auctioneer do?” To answer that, we need to know one critical piece of information: Is this theft or is this an unpaid? In other words, who is in possession and control of the subject property?